Economy

Extra Budget Pushes Up Fiscal Spending, National Debt

Written: 2022-01-21 16:53:56 / Updated: 2022-01-21 17:00:16

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Cabinet Approves 14 Tln Won Extra Budget to Help Small Biz Owners

Economy

KOSPI Ends Friday Down 0.99%

Written: 2022-01-21 15:39:37 / Updated: 2022-01-21 16:58:39

The benchmark Korea Composite Stock Price Index(KOSPI) fell 28-point-39 points, or zero-point-99 percent, on Friday, closing the week at two-thousand-834-point-29. The ...

Economy

No. of People Seeking to Sell Homes Surpasses Prospective Buyers for 7th Week

Written: 2022-01-21 15:07:22 / Updated: 2022-01-21 15:12:55

The number of people seeking to sell homes surpassed prospective buyers for the seventh consecutive week nationwide. According to the Korea ...

Economy

S. Korea, Egypt Sign MOU to Raise Seoul's Low-Interest Loan Cap to $1 Bln

Written: 2022-01-21 11:39:15 / Updated: 2022-01-21 16:49:53

South Korea and Egypt signed a memorandum of understanding(MOU) to raise the ceiling on Seoul's low-interest loans to the North African country ...

Economy

Central Gov’t Pushes Local Gov’ts to Delay Hikes in Public Utility Fees

Written: 2022-01-21 11:17:41 / Updated: 2022-01-21 14:25:16

The central government is seeking to curb hikes in public utility fees by local governments. First Vice Finance Minister Lee Eog-won unveiled ...

Economy

Exports Rise 22% in First 20 Days of January

Written: 2022-01-21 09:58:45 / Updated: 2022-01-21 11:33:18

Exports rose over 20 percent on-year in the first 20 days of January.  According to tentative data from the Korea Customs Service on Friday, the ...

Economy

Survey: Public Employees Account for 1 out of 10 Workers in 2020

Written: 2022-01-20 19:19:23 / Updated: 2022-01-20 19:46:53

A survey shows that one in ten people working in the nation in 2020 was employed in the public sector.  Statistics Korea said on Thursday the number ...

Economy

KOSPI Ends Thursday Up 0.72%

Written: 2022-01-20 15:42:28 / Updated: 2022-01-20 15:43:25

The benchmark Korea Composite Stock Price Index(KOSPI) rose 20-point-40 points, or zero-point-72 percent, on Thursday, ending the day at two-thousand-862-point-68. The ...

Economy

BOK: Working From Home Cushioned GDP Decline

Written: 2022-01-20 14:51:29 / Updated: 2022-01-20 16:03:40

Working from home has helped significantly mitigate the drop in the country’s gross domestic product(GDP). According to a recent survey by the ...

Economy

Gov't Seeking to Advance to 5th in Global Metaverse Market Share by 2026

Written: 2022-01-20 12:06:34 / Updated: 2022-01-20 16:00:51

The government will put forth support measures for the nation to rank fifth in global metaverse market share by 2026. At an emergency economic ...